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Dec 31, 2012 5:00pm PST
. and for healthcare providers who treat medicare patients, about $30 billion will be expected to help pay the costs for at least one more year. but what most of us will have to pay, the payroll tax for social security. it is going up 2% starting tomorrow and that means if you earn $100,000 a year, you'll pay an extra $2,000 next year out of your paycheck. so it is possible but not probable that the senate will voted. the house is scheduled to reconvene tomorrow at noon so we are definitely going over the "fiscal cliff." however, we have a little bit of a grace period. the markets are closed tomorrow for the holiday. and those spending cuts are scheduled for january 2. but still, not a lot of time to mitigate all the effects of the "fiscal cliff." i'm grace lee, cbs 5. >>> amazingly the stock market didn't step off a cliff. in fact, the dow ended higher today. supposedly based on hope that a deal would be reached. it closed out 2012 with a 7% gain. nasdaq and s&p 500 also ended higher. >>> new details tonight in the murder of a teenaged girl in oakland over the weekend. she has been id
Search Results 0 to 0 of about 1